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Philip Road is a residential street with 62 addresses.
It ranks as the 288th largest and 154th most expensive of the 358 streets in the IP2 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 62 properties: 56 houses and 6 flats.
Philip Road is a residential street with 62 addresses.
It ranks as the 288th largest and 154th most expensive of the 358 streets in the IP2 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 62 properties: 56 houses and 6 flats.
Sale prices range from £93,520 for 2 bedroom Leasehold flats with a garden (602 ft2) to £312,737 for 5 bedroom freehold houses with a garden (1,959 ft2) .
Monthly rental prices range from £626 pcm for 2 bed flats to £1,638 pcm for 5 bed houses.
The gross rental yield is between 5.3% and 8.0%.
The average value per square foot is £211.
The last sale on Philip Road sold for £190,000 on 9th August 2024. Since then prices are down an average of 3.7%.
The current average value in the street is £205,596.
The Philip Road Sales Market has increased by 21.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.1% | £205,596 |
| May 2025 | -1.7% | £212,184 |
| May 2024 | -2.1% | £215,961 |
| May 2023 | 1.8% | £220,613 |
| May 2022 | 9.9% | £216,759 |
| May 2021 | 3.8% | £197,315 |
| May 2020 | 2% | £190,082 |
| May 2019 | -1.1% | £186,353 |
| May 2018 | 5.8% | £188,406 |
| May 2017 | 5% | £178,009 |
| May 2016 | 7.8% | £169,575 |
| May 2015 | 6.6% | £157,339 |
| May 2014 | 7.3% | £147,566 |
| May 2013 | 4.2% | £137,509 |
| May 2012 | 1.1% | £131,953 |
| May 2011 | -3% | £130,488 |
| May 2010 | 9.3% | £134,458 |
| May 2009 | -15.6% | £123,003 |
| May 2008 | -4.2% | £145,660 |
| May 2007 | 0% | £152,086 |
The current average rental value in the street is £1,124.
The Philip Road Rental Market has increased by 49.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.4% | £1,124pcm |
| May 2025 | 4.9% | £1,098pcm |
| May 2024 | 8% | £1,047pcm |
| May 2023 | 7.7% | £969pcm |
| May 2022 | 9.1% | £900pcm |
| May 2021 | 3.6% | £825pcm |
| May 2020 | 1.4% | £797pcm |
| May 2019 | 0.7% | £785pcm |
| May 2018 | 1.6% | £780pcm |
| May 2017 | 2% | £768pcm |
| May 2016 | 5.3% | £753pcm |
| May 2015 | 2.4% | £715pcm |
| May 2014 | 3.2% | £699pcm |
| May 2013 | 2.1% | £677pcm |
| May 2012 | 2.4% | £663pcm |
| May 2011 | 3.3% | £648pcm |
| May 2010 | 3.7% | £627pcm |
| May 2009 | -10.5% | £605pcm |
| May 2008 | 1.8% | £676pcm |
| May 2007 | 0% | £664pcm |
The last sale was on 9th August 2024 for £190,000 and since then the market in the area has decreased by 3.7%. The street has had a total of 102 sales since 1995.
Philip Road, Ipswich, IP2 has seen 8 sales in the last three years and no sales in the last twelve months.
Philip Road, Ipswich, IP2 is the 288th largest and the 154th most expensive street in the IP2 area.
There are 2 postcodes on Philip Road, Ipswich, IP2.
The closest station to Philip Road, Ipswich, IP2 is Ipswich station which is 400 metres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Philip Road, Ipswich, IP2, 35.3% of property is privately owned outright and 27.3% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Philip Road, Ipswich, IP2, 13.7% of residents are recorded as possessing school level qualifications and 30.8% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Philip Road, Ipswich, IP2, the average age was 36.8 and the most common age was 27.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Philip Road, Ipswich, IP2, 0.7% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Philip Road, Ipswich, IP2, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.